Skip to content Skip to navigation

Session 6: Psychology and Economics

August 14-16, 2019 | Koret-Taube Conference Center, 366 Galvez St, Stanford

The purpose of this workshop is to bring together researchers working on issues at the intersection of psychology and economics. The workshop focuses on evidence of and explanations for non-standard choice patterns, as well as the positive and normative implications of those patterns in important economic decision-making contexts such as lifecycle consumption and savings, labor supply, effort provision, financial contracting, and firm pricing. Many past presenters at this workshop have built upon insights from other disciplines, including psychology and sociology. Theoretical, empirical, and experimental studies will be included.

Organizers: B. Douglas Bernheim (Stanford), John Beshears (Harvard Business School), Vincent Crawford (Oxford), David Laibson (Harvard) and Ulrike Malmendier (University of California, Berkeley)

In this Session

Aug 14 | 9:00 am to 9:30 am

Check-in | Breakfast

Aug 14 | 9:30 am to 10:05 am

Default Options and Retirement Saving Dynamics

Presented by: Taha Chouckhmane (Yale)
Aug 14 | 10:05 am to 10:40 am

The Retirement-Consumption Puzzle: New Evidence from Personal Finances

Presented by: Michaela Pagel (Columbia)
Aug 14 | 10:40 am to 11:15 am

Break

Aug 14 | 11:15 am to 11:50 am

Does Financial Strain Lower Worker Productivity?

Presented by: Frank Schilbach (MIT)
Aug 14 | 11:50 am to 12:25 pm

Choice-Set-Dependent Preferences and Salience: An Experimental Test

Presented by: Jason Somerville (Cornell)
Aug 14 | 12:25 pm to 1:45 pm

Lunch

Aug 14 | 1:45 pm to 2:20 pm

The Role of Memory in Belief Formation

Presented by: Tanya Rosenblat (University of Michigan)
Aug 14 | 2:20 pm to 2:55 pm

The “Fake News” Effect: Motivated Reasoning and Trust in News

Presented by: Michael Thaler (Harvard)
Aug 14 | 2:55 pm to 3:30 pm

Break

Aug 14 | 3:30 pm to 4:05 pm

Frequent Price Changes, Perceived Inflation, and Inflation Experiences

Presented by: Francesco D’Acunto (Boston College)
Aug 14 | 4:05 pm to 4:40 pm

The Biases of Others

Presented by: Kristof Madarasz (LSE)
Co-Author(s): Stephanie Wang (University of Pittsburgh)
Aug 14 | 6:30 pm to 9:30 pm

Dinner

Aug 15 | 9:00 am to 9:30 am

Breakfast

Aug 15 | 9:30 am to 10:05 am

The Dynamics of Norm Formation and Norm Decay

Presented by: Ernst Fehr (University of Zurich)
Aug 15 | 10:05 am to 10:40 am

Decency

Presented by: Tore Ellingsen (Stockholm School of Economics)
Aug 15 | 10:40 am to 11:15 am

Break

Aug 15 | 11:15 am to 11:50 am

The (In)Elasticity of Moral Ignorance

Presented by: Marta Serra-Garcia (UC San Diego)
Aug 15 | 11:50 am to 12:25 pm

Chosen Preferences

Presented by: Doug Bernheim (Stanford)
Aug 15 | 12:25 pm to 1:45 pm

Lunch

Aug 15 | 1:45 pm to 2:20 pm

Exaggerating to Break-Even: Reference-Dependent Moral Hazard in Auto Insurance Claims

Presented by: Jaimie Lien (CUHK)
Aug 15 | 2:20 pm to 2:55 pm

Meaningful Theorems: Nonparametric Analysis of Reference-Dependent Preferences

Presented by: Vince Crawford (Oxford)
Aug 15 | 2:55 pm to 3:30 pm

Break

Aug 15 | 3:30 pm to 4:05 pm

Eliminating Equilibrium Pathologies in Models with Present-Biased Discounting: The β-δ-Δ Sweet Spot

Presented by: Peter Maxted (Harvard)
Aug 15 | 4:05 pm to 4:40 pm

Payday Lending, Naïve Present Focus, and Consumer Protection

Presented by: Hunt Allcott (New York University)
Aug 15 | 6:30 pm to 9:30 pm

Dinner

Aug 16 | 9:00 am to 9:30 am

Breakfast

Aug 16 | 9:30 am to 10:05 am

Estimating Biases in Smoking Cessation: Evidence from a Field Experiment

Presented by: Matthew Levy (London School of Economics)
Aug 16 | 10:05 am to 10:40 am

Incentivizing Behavioral Change: The Role of Time Preferences

Presented by: Rebecca Dizon-Ross (University of Chicago)
Aug 16 | 10:40 am to 11:15 am

Break

Aug 16 | 11:15 am to 11:50 am

How Are Preference for Commitment Revealed?

Presented by: Dmitry Taubinsky (UC Berkeley)
Aug 16 | 11:50 am to 12:25 pm

Behavioral Food Subsidies

Presented by: Michael Kuhn (University of Oregon)
Aug 16 | 12:25 pm to 1:45 pm

Lunch